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Dec 29, 2012
12/12
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>> a lot of the europe european state-owned bank have a huge crisis. it's the tip of the iceberg is the european financial and political crisis but underneath that is a huge banking crisis that hasn't fully been resolved and that was driven a lot by the german and london banks that allowed them to do stupid things. they were more leveraged than a lot of the bank and that's argument one and argument two is fanny and freddie. i don't see them as the heart of darkness in the financial crisis but i think they were part of the problem because they were used to solve what should have been a political problem. so i think the issue of redistribution in the u.s. economy, instead of taxing rich people and helping poor people earn more money, what the u.s. political system did is lower interest rates and allow poor people to think they were richer because they could take out home equity loans thanks to fannie and freddie. >> all of these discussions run into this question of whether or not the climate system is going to fall apart on us and there needs to be a ra
>> a lot of the europe european state-owned bank have a huge crisis. it's the tip of the iceberg is the european financial and political crisis but underneath that is a huge banking crisis that hasn't fully been resolved and that was driven a lot by the german and london banks that allowed them to do stupid things. they were more leveraged than a lot of the bank and that's argument one and argument two is fanny and freddie. i don't see them as the heart of darkness in the financial crisis...
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110
Dec 10, 2012
12/12
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FBC
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that is. >> europe. europe has the potential to unravel this is not a decade-long agenda, this is actually within a year maybe, i don't know. it has the possibility of breaking apart, having a severe recession that will impact the u.s. economy and that made all this momentum that we are hopefully starting to see in the u.s. economy. liz: are we wasting too much time on fiscal cliff discussion and the potential effect on our money, should we not be focusing on these other issues and somehow bulletproof our investments as it pertains to each one of these concerns. we talk about doubling up. >> we should make pay more attention to europe. the attention we're paying to the fiscal cliff is not actually productive. in fact, it is leading to polarization of positions that have to be negotiated in private, and the lesson here from washington, the better i like the fiscal cliff. liz: the talks were secret today. >> might notice the financial markets are not actually very volatile in response to the special fiscal
that is. >> europe. europe has the potential to unravel this is not a decade-long agenda, this is actually within a year maybe, i don't know. it has the possibility of breaking apart, having a severe recession that will impact the u.s. economy and that made all this momentum that we are hopefully starting to see in the u.s. economy. liz: are we wasting too much time on fiscal cliff discussion and the potential effect on our money, should we not be focusing on these other issues and...
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Dec 19, 2012
12/12
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CNBC
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it won't please anyone, particularly the ratings agencies, but we have all learned from europe and the debt debacle from last year that the downgrades, let's just say, they aren't that worrisome, now you don't want to be borrowing trillions of dollars, but remember, a deal without severe belt tightening will be good for the economy. that means rates can go higher and when you combine that with the billions that we spent after hurricane sandy you can see why rates are going down. it will produce a ton of jobs as spending has been held back while we waited for washington. certainty beckons and you want to be involved in the markets ahead of the certainty. that is why this is a rally in anticipation of certainty. hence why the banks are going higher. and they can loan out your money what you were getting on your cds and your savings account. which brings me to gold. lots of people think when you buy gold, you do it because inflation is about that. i think the recent move down in gold confirms that interest rates are going higher. gold may have yet further to fall. i still like gold. so to
it won't please anyone, particularly the ratings agencies, but we have all learned from europe and the debt debacle from last year that the downgrades, let's just say, they aren't that worrisome, now you don't want to be borrowing trillions of dollars, but remember, a deal without severe belt tightening will be good for the economy. that means rates can go higher and when you combine that with the billions that we spent after hurricane sandy you can see why rates are going down. it will produce...
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Dec 20, 2012
12/12
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FBC
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charlie: regulators in europe, eyes and nasdaq attempt over the stock exchange on antitrust grounds, your company is in one place. i don't think they're going to do that. [talking over each other] tracy: attempting that. charlie: this is a perfect fit, not much overlap. they will sell some stuff, but i think this is a perfect fit. duncan neiderauer had no choice. we should have a chart on trading volumes and this tells the story. since 2008 it has gone downhill except for a couple blips. [talking over each other] charlie: that shows you where it is going. in 2009 was pretty high, talking about less than half in a few years so they needed to do the deal and -- liz: floor traders you were the one reporter who asked about that. these guys wondered, an electronic exchange -- charlie: that is a pretty big story and other places don't cover that, they are not doing their viewers any good because what is it that this new business model has to offer over the nasdaq. there are people..o cf1 o that is the selling point. if you had a flash crash, stepped in between and rationally figure stuff o
charlie: regulators in europe, eyes and nasdaq attempt over the stock exchange on antitrust grounds, your company is in one place. i don't think they're going to do that. [talking over each other] tracy: attempting that. charlie: this is a perfect fit, not much overlap. they will sell some stuff, but i think this is a perfect fit. duncan neiderauer had no choice. we should have a chart on trading volumes and this tells the story. since 2008 it has gone downhill except for a couple blips....
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next to tuberculosis is on the rise in britain faster than anywhere in europe a leading u.k. doctor is warning the country will be swamped unless immigrants get blood tested properly doug knows them whether they've got it in up almost three quarters in fact of the people suffering from the disease the people not born in the u.k. . austerity is fighting pretty much every sector and it's a time of year when the n.h.s. already incredibly eva stretches to even further by everyone's costs and sniffles and i think that's really positive what's made this recent study that showing that the number of cases of t.v. in the casing continually rising over the party decades so alarming knowing thousand cases last year that's up five percent from the year before and i think a real question here over whether or not the n.h.s. that is facing these huge cuts to the services with these austerity measures is actually going to be equipped to deal with this threat to our health and that's help me out so that i caught up a little earlier with dr addie's story he works on the very front line here in
next to tuberculosis is on the rise in britain faster than anywhere in europe a leading u.k. doctor is warning the country will be swamped unless immigrants get blood tested properly doug knows them whether they've got it in up almost three quarters in fact of the people suffering from the disease the people not born in the u.k. . austerity is fighting pretty much every sector and it's a time of year when the n.h.s. already incredibly eva stretches to even further by everyone's costs and...
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Dec 19, 2012
12/12
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europe was up 12. adding employees to europe, france, germany, very strong. similar to what bill mcdermott has been saying. we are all so doom and gloom about europe, ellison's talking about it's a bright spot. >> what about germany today, up again for december, as we mentioned at the top of the show, above $1.33 a day. something's going on there. the big upgrade on greece. that's kind of strange, right? >> up four or five notches. >> i have to stand up for a second. $8. >> is it finally time? >> i want to click my heels, but these are soft reeboks. you wouldn't hear it. >> are we going to see that, finally, at last? >> the way people were coming on and saying it's going to zero. >> running for the exit. >> when was the euro dissolved and greece kicked out? what was the date? >> it happened just in reverse. >> it was overnight. >> we'll see. i can't believe 2013 will not hold a couple of moments where we go, ah. but it is amazing. nothing we can do. >> we're afraid spain is going to come -- spain was supposed to come to market. italy, oh, my, what happens whe
europe was up 12. adding employees to europe, france, germany, very strong. similar to what bill mcdermott has been saying. we are all so doom and gloom about europe, ellison's talking about it's a bright spot. >> what about germany today, up again for december, as we mentioned at the top of the show, above $1.33 a day. something's going on there. the big upgrade on greece. that's kind of strange, right? >> up four or five notches. >> i have to stand up for a second. $8....
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Dec 9, 2012
12/12
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CSPAN2
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were the great financial expansion with the housing market have been 10 japan still fully with europe and the lesson here is how we let the excess of the housing and member those days you talk about the property around the imperial palace in tokyo? 200 acres was equal to all real-estate of california. that was very old school to talk about it. >> when you talk to fed officials. >> i am off the record. [laughter] >> host: but not now. you have a microphone. [laughter] but when i do the rio the frustration of the criticism there easing too much to say that is the only course of action in the face of a political class not doing much. >> they get it both directions but if you think you can it you are right they have a lot of criticism last few days from the emerging countries that somehow the measures the federal reserve is undermining the prospects for the developing world. we have a responsibility. but i don't understand. it is pretty wild with the causes and the fact and chairman bernanke said the other day that they aim for a policy that in the long run will help everybody. that is th
were the great financial expansion with the housing market have been 10 japan still fully with europe and the lesson here is how we let the excess of the housing and member those days you talk about the property around the imperial palace in tokyo? 200 acres was equal to all real-estate of california. that was very old school to talk about it. >> when you talk to fed officials. >> i am off the record. [laughter] >> host: but not now. you have a microphone. [laughter] but when...
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Dec 29, 2012
12/12
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one part of europe is doing very well. germany, france, northern europe, generally speaking. italy, spain, portugal, greece and ireland, hungry are in terrible shape. serious terrible shape. and because some folks don't pay attention to numbers, here's a chance for a statistic to help. students of mine, professors who came to the united states to study the universities where i taught. now professors at the university of acton, major universities increased. today their salaries as we speak are 40 percent less than what they were in may of 2010. try to imagine yourself in a job that you've kept in which the money you get every week is 40% less. police, fire, school teachers, social workers, you name it. .. governments in france and germany have been very frightened since they too are facing an economic crisis and they too are trying to solve it by making demands of their people to pay for something we come in to. they have chosen to use a very dangerous strategy particularly warm germany and the strategy goes like this. we the government are your friends, you the german working
one part of europe is doing very well. germany, france, northern europe, generally speaking. italy, spain, portugal, greece and ireland, hungry are in terrible shape. serious terrible shape. and because some folks don't pay attention to numbers, here's a chance for a statistic to help. students of mine, professors who came to the united states to study the universities where i taught. now professors at the university of acton, major universities increased. today their salaries as we speak are...
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70
Dec 10, 2012
12/12
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CNBC
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right now whether you are in europe or the u.s., you don't have that opportunity. you are concerned about what the future has. we don't know what is going to happen going forward. >> as an invest over, are we living in a more risky environment now than ever? we grew up thinking america was the top of the world, best credit in the world, reserved currency. are things changing with regards to that? >> yeah, i think it is. i think the mind-set has changed. >> do you keep your money here or move it elsewhere. >> i think the u.s. is one of the most attractive places to invest in the world. it continues to serve us. i see the united states as being a great opportunity for invest many going forward and i continue to see opportunities around residential real estate. it'll continue to be that way. we are continuing to recover. >> when will the australian economy completely crash? i only did that because of her clear anti-american sentiment, by the way. >> i have chose to live in this fine country. god bless america. >> she is always making anti-america propaganda. >> i beli
right now whether you are in europe or the u.s., you don't have that opportunity. you are concerned about what the future has. we don't know what is going to happen going forward. >> as an invest over, are we living in a more risky environment now than ever? we grew up thinking america was the top of the world, best credit in the world, reserved currency. are things changing with regards to that? >> yeah, i think it is. i think the mind-set has changed. >> do you keep your...
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Dec 11, 2012
12/12
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KQED
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in tunisia, 75% of its exports go through europe. there is also a physical problem. you need a leadership concentrating on the right issues. there is a criticism here. in tunis, the leaders are too bogged down in political battles. the role of religion in the street -- state. two years of feels like a long time if you are waiting for a job. >> a long time indeed. stay with us all of this week for special coverage of arab spring anniversary. we have a special section on our website looking at the political changes in the region. just go to bbc.com/arab uprisings. shattered and her broken, the two australian deejays to make a prank call to the hospital said they feel after the death of the nurse then spoke to. the two radio personality speak about what they say was a tragic turn of events that no one could have predicted. our royal correspondent has the latest. >> they have made the journey from the family home in bristol. floors have been placed in tribute. after 30 minutes, her husband and their son and daughter emerged. they had been accompanied by the mps. >> in th
in tunisia, 75% of its exports go through europe. there is also a physical problem. you need a leadership concentrating on the right issues. there is a criticism here. in tunis, the leaders are too bogged down in political battles. the role of religion in the street -- state. two years of feels like a long time if you are waiting for a job. >> a long time indeed. stay with us all of this week for special coverage of arab spring anniversary. we have a special section on our website looking...
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Dec 6, 2012
12/12
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CNBC
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europe overall economically is going nowhere. however you have these very strong corporate performances and shareholders are clearly making a lot of money on the germans and the french and some of the british as well. >> the market is not the economy, that may be one of the big lessons for the year. great stuff, simon, thank you, simon hobbs. >>> could a key jpmorgan executive be looking to jump shirt? kayla tausche has more. >> it's been a big year of musical chairs at jpmorgan, jeff staley was replaced at investment banking ceo in july and given a chairman title many onlookers looked at it as a swan song. in the six months, two financial services companies sought him out as a potential ceo, most recently legg mason, which has seen funds under management shrink by 40% since the last time staley was considered in 2008. talks have dissolved in the last month, a spokesperson says legg hopes to name a chief expeditiously. legg follows barclays which ousted its ceo following this summer's lie bore scandal. the board was set to see st
europe overall economically is going nowhere. however you have these very strong corporate performances and shareholders are clearly making a lot of money on the germans and the french and some of the british as well. >> the market is not the economy, that may be one of the big lessons for the year. great stuff, simon, thank you, simon hobbs. >>> could a key jpmorgan executive be looking to jump shirt? kayla tausche has more. >> it's been a big year of musical chairs at...
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Dec 11, 2012
12/12
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FBC
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you look what is happening in europe, in france, in italy. in all of the countries suffering the most right now in terms of growth they have just jacked up their value-added tax to 25%. >> okay. so here's principle i think we need to draw in the sand. we should not have an ad-on, value-added tax. we should have a replacement value-added tax. david: don't put it on top of what we have? >> they have got value-added taxes but have every other imaginable tax and the national sport in italy is not paying taxes right? david: let me just, the president has weighed in on what he wants to do in order to change the tax code. he did it about a year ago. let's play that sound and get your reaction to it. >> i've said i will work with republicans on a plan for economic growth, job creation, and reducing our deficits, and have some compromise between democrats and republicans. i understand, you know, people have a lot of different views. i'm willing to compromise a little bit. david: that is not what i was referring to. what he said a year ago is this. giv
you look what is happening in europe, in france, in italy. in all of the countries suffering the most right now in terms of growth they have just jacked up their value-added tax to 25%. >> okay. so here's principle i think we need to draw in the sand. we should not have an ad-on, value-added tax. we should have a replacement value-added tax. david: don't put it on top of what we have? >> they have got value-added taxes but have every other imaginable tax and the national sport in...
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266
Dec 7, 2012
12/12
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CNBC
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eye 266
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the only disappointment has been data in europe. the scuttlebutt that some members wanted to cut which has put pressure on the euro today. >> german market up twice what we're up and i think people are shaking their heads that netherlands could be up. we don't see any data whatsoever that europe is doing better but belief that 2013 can't be as bad as 2012. german numbers were not good at all. it's a puzzle. >> we did get an earthquake in northeastern japan overnight. 7.3 is serious. looks like we dodged a bullet on that front as well. doesn't look like there's any damage as a result of that. >> i thought there would be a tremendous rebuilding effort in fukushima. it didn't happen because the ground is contaminated. the first question they asked over there were nuclear reactors apparently safe is the early word. >> we walk in on monday we'll have a lot of data out from china which could be important given the biggest weekly gain in shanghai in 13 months. that will be closely watched. industrial production and retail numbers will be o
the only disappointment has been data in europe. the scuttlebutt that some members wanted to cut which has put pressure on the euro today. >> german market up twice what we're up and i think people are shaking their heads that netherlands could be up. we don't see any data whatsoever that europe is doing better but belief that 2013 can't be as bad as 2012. german numbers were not good at all. it's a puzzle. >> we did get an earthquake in northeastern japan overnight. 7.3 is serious....
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Dec 19, 2012
12/12
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CNBC
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in europe we see green arrows. the biggest gainer is in france, up a half percent and the same story with the ftse in london. >>> our two investors, ralph schlosstein and ceo and blackrock co-founder and glenn hutchins co-founder of silver lake partners. and also joining us is congressman steve israel chairman of the democratic congressional campaign. i don't know how long it takes to become a billionaire, how long does it take? >> a lifetime. >> since we have the congressman with us, i know you have to run, congressman, tell us where we stand now. we heard about this plan b. do you purely view that as what we see often, a stalking horse in washington? do you think boehner and the president can actually get together and work out a deal before christmas or before the 1st? >> yes to both questions. a few weeks ago, i met with some ceos connected with fix the debt. they said to me a bad deal would be worse than no deal. what speaker boehner has done with plan b is combine the worst elements of a bad deal and no deal.
in europe we see green arrows. the biggest gainer is in france, up a half percent and the same story with the ftse in london. >>> our two investors, ralph schlosstein and ceo and blackrock co-founder and glenn hutchins co-founder of silver lake partners. and also joining us is congressman steve israel chairman of the democratic congressional campaign. i don't know how long it takes to become a billionaire, how long does it take? >> a lifetime. >> since we have the...
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286
Dec 10, 2012
12/12
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CNBC
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bells are about to close across europe. we'll bring you the close and some of the details on the impacts here in just about 3 1/2 minutes. plus the head of u.s. equity portfolio strategy at barclays barry knapp will give us his ouk fo2013. [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get started at legalzoom.com today. and now you're protected. >>> about 40 seconds until europe closes here. a lot to watch over there. simon hobbs, whether it's the data or just the sheer
bells are about to close across europe. we'll bring you the close and some of the details on the impacts here in just about 3 1/2 minutes. plus the head of u.s. equity portfolio strategy at barclays barry knapp will give us his ouk fo2013. [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will...
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Dec 24, 2012
12/12
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CNBC
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i do not want less europe, i want more europe. with a single economic defense and political framework. unfortunate, europe has taken a different route. the bu accurates of europe have developed a policy of austerity, disastrous when applied to economies that were already in trouble. we have seen what happens in greece where we are still close to a civil war. naturally, i objected to this policy at the heads of state of government when they were presenting proposals, especially when i have to defend the italian interests. for example, i vetoed and suspended the council heads of state when i was presented with the fiscal impact. this is my position. i could not agree with them when they imposed homework to greece which i was in total disagreement with or when they proposed the token tax which we stupidly adopted. and it is clear that financial transactions will migrate to companies that do not have a total impact. i also disagreed when european banks were ordered to account for the government bonds that they have in their balance sh
i do not want less europe, i want more europe. with a single economic defense and political framework. unfortunate, europe has taken a different route. the bu accurates of europe have developed a policy of austerity, disastrous when applied to economies that were already in trouble. we have seen what happens in greece where we are still close to a civil war. naturally, i objected to this policy at the heads of state of government when they were presenting proposals, especially when i have to...
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140
Dec 31, 2012
12/12
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CNNW
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eye 140
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austerity in europe is something elsewhere because of the euro situation you have to cut people's wages to make those countries competitive again. that's a completely different issue, austerity in terms of reversing the tremendous increase we've had in government spending over the last four years, we've gone from 2.9 trillion to 3.8 trillion in 30-odd percent increase in four years. and there's no trend or motivation so far to reverse that or normalize that. so again, austerity for the public sector is stimulus for the private sector. >> all right. thank you very much, sean. happy new year to you as well. >> you too, don. >>> a mom and her kids reunited after they had been missing for nearly a week, thanks to a cnn viewer. thanks to you. hear their story next. him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from h
austerity in europe is something elsewhere because of the euro situation you have to cut people's wages to make those countries competitive again. that's a completely different issue, austerity in terms of reversing the tremendous increase we've had in government spending over the last four years, we've gone from 2.9 trillion to 3.8 trillion in 30-odd percent increase in four years. and there's no trend or motivation so far to reverse that or normalize that. so again, austerity for the public...
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201
Dec 3, 2012
12/12
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FOXNEWSW
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eye 201
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it means higher taxes, obama wants to give us the bad part of europe, without the good part. >>neil: thank you very much. they are not cutting anything. just slowing the growth. rebound and former president bill clinton hitting the links. this is a photo from last year. what we don't know what was said teen them this year my guest homes the former president was critiquing more than just his successor's swing. art laffer was the top reagan economic adviser and you voted twice for bill clinton because his prosecutor mix of taxes. explain that? >>guest: yes i sure did. but for the raise hikes at top end, he cut taxes on the working people between ages of 65 and 72. he cut taxes on trade and products. he cut government spending as a share g.d.p. dramatically and he cut the capital gains tax rate and butt in welfare reform. what do you want from a president that bill clinton did not deliver? he was a great president. >>neil: the investment taxes was that concurrent with what was going on in the income tax hike front? >>guest: no. it was not. the capital gains tax reduction which h
it means higher taxes, obama wants to give us the bad part of europe, without the good part. >>neil: thank you very much. they are not cutting anything. just slowing the growth. rebound and former president bill clinton hitting the links. this is a photo from last year. what we don't know what was said teen them this year my guest homes the former president was critiquing more than just his successor's swing. art laffer was the top reagan economic adviser and you voted twice for bill...
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247
Dec 11, 2012
12/12
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CNBC
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eye 247
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this is all about the access to europe and heathrow, correct? >> it's really about the access to the uk/u.s. marketplace. it's by far, by 200%, the largest market between europe and the u.s. and delta's had about an 8% market share. with this transaction, we get to second place with about a quarter of the market. >> a lot of people looked at singapore air when it had 49%, which is what you're buying. they said singapore air never could really maximize the profit potential. what can you do that singapore air could not do? is it about that access between new york and london? >> yes. and it's about geography. singapore is a long way away from london. and the traffic flows between singapore and london are light. a couple hundred people a day between singapore and london. whereas the traffic flows between the u.s. and uk for business travelers represent $2 billion in annual revenue. so it's massive. massively larger, and the geography is a lot closer. >> you're expecting approval perhaps by the middle of next year. once that happens when will you say
this is all about the access to europe and heathrow, correct? >> it's really about the access to the uk/u.s. marketplace. it's by far, by 200%, the largest market between europe and the u.s. and delta's had about an 8% market share. with this transaction, we get to second place with about a quarter of the market. >> a lot of people looked at singapore air when it had 49%, which is what you're buying. they said singapore air never could really maximize the profit potential. what can...
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423
Dec 25, 2012
12/12
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KQED
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eye 423
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as europe and america become, well, a little more scrooge like, they need their own people to be the source of glad tidings for christmases to come. bbc news. >> well, china, the country has been giving the song "gangnam style" a bit of a makeover. >> at this be marked -- at this theme-park. that song is a worldwide pop culture phenomenon. >> make sense of international news at bbc.com/news. >> funding for this presentation is made possible by the freeman foundation of new york, stowe, vermont, and honolulu. newman's own foundation. and union bank. >> at union bank, our relationship managers work hard to understand the industry you operate in, working to nurture new ventures and help provide capital for key strategic decisions. we offer expertise and tailored solutions in a wide range of industries. what can we do for you? >> "bbc world news" was presented by kcet, los angeles. - hi, neighbour! tonight, my babysitter prince tuesday is coming over to take care of me. and then we're going to school with all of our friends! i'm so glad you're here with me. and, i'll be right back! is ma
as europe and america become, well, a little more scrooge like, they need their own people to be the source of glad tidings for christmases to come. bbc news. >> well, china, the country has been giving the song "gangnam style" a bit of a makeover. >> at this be marked -- at this theme-park. that song is a worldwide pop culture phenomenon. >> make sense of international news at bbc.com/news. >> funding for this presentation is made possible by the freeman...
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128
Dec 3, 2012
12/12
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MSNBCW
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eye 128
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the region with the most modest needs for happiness was europe. germans only need about $85,000 to be happy. that want places them in the lowest on the list. the french need $114,000, the britains need 133,000. >> what about americans? >> reporter: i don't know. those are the numbers we have. but germans at the low end. dubai at the top end. i'm guessing it would depend on, you know, how much you need to live in that country and it's expensive to live in dubai and singapore. >> how much can a plate of sausage and keg of beer cost? >> reporter: they have great beer. >> yahoo! is out with its list of top obsessions for 2012. number five, honey boo-boo. the "hunger games" game in at number four fold by mega millions. political polls number two obsession and our top obsession this year, yes, it's apple and it's iphone 5. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the
the region with the most modest needs for happiness was europe. germans only need about $85,000 to be happy. that want places them in the lowest on the list. the french need $114,000, the britains need 133,000. >> what about americans? >> reporter: i don't know. those are the numbers we have. but germans at the low end. dubai at the top end. i'm guessing it would depend on, you know, how much you need to live in that country and it's expensive to live in dubai and singapore....
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Dec 14, 2012
12/12
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KRON
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but psychologically, with a europe, not getting a deal done is setting people into a panic. the to not want to see that. i think that it could see people concerned. that however, is unfortunate why they are not making that much of a concern. >> and plaine john boehner also being difficult. >> it also feel free to follow michael yaki on twitter. ji >>jacqueline: we did see some calle temperature but firs, some coal /+ temperature t we did se. some cold temperatures we will see some temperatures that are in the low 80s. and that wi you50s. as we see that it is going to be and the low 50s-- >>jacqueline: as we see we are going to see a few degrees warmer. mostly clear. some cloud coverage going towards a north and at that point we are going to see some 30's and 40's. i would keep the umbrella cand i would keep the un prelo hand your umbrella keep it handy. temperatures will be in the 30's in the south bay. the same in san mateo, the inland valleys with 35, concord, livermore, a 47 degrees in vallejo. the big question mark is the north bay. 37 degrees in vallejo. i think that it
but psychologically, with a europe, not getting a deal done is setting people into a panic. the to not want to see that. i think that it could see people concerned. that however, is unfortunate why they are not making that much of a concern. >> and plaine john boehner also being difficult. >> it also feel free to follow michael yaki on twitter. ji >>jacqueline: we did see some calle temperature but firs, some coal /+ temperature t we did se. some cold temperatures we will see...
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Dec 12, 2012
12/12
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CNBC
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it's all about recapitalizing the banks in europe. >> something very important is happening in europe. the money is beginning to flow to where we want it in order to build the firewalls against contagion. after so much debate, a lot of the banks are higher in europe at the moment. importantly, yesterday spain got its 40 billion euros to recapitalize its banks. now in brussels, a finance ministers' meeting is beginning, which they will say, look, greece, we will make up the half billion that you're short on the bond buy-back. a deal is a deal. and this month, 34 billion euros will flow from bailout funds into the greek banks to recapitalize them. more importantly perhaps, tomorrow we go into a full meeting of all 27 heads of state of the european union. germany is back down. looks like we have a deal on banking union. the ecb will supervise all banks presumably in the euro zone. that means the ecb will be able to directly tap into those bailout funds and recapitalize the banks, plugging in across the euro zone. this is hugely important in building those firewalls against contagion. the
it's all about recapitalizing the banks in europe. >> something very important is happening in europe. the money is beginning to flow to where we want it in order to build the firewalls against contagion. after so much debate, a lot of the banks are higher in europe at the moment. importantly, yesterday spain got its 40 billion euros to recapitalize its banks. now in brussels, a finance ministers' meeting is beginning, which they will say, look, greece, we will make up the half billion...
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Dec 5, 2012
12/12
by
LINKTV
tv
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turner traveled throughout britain and europe. often on foot, carrying a paintbox, he sketched and painted lyrically beautiful landscapes that changed the face of british art. when he died in 1851, he was one of the wealthiest and most famous artists in britain's history. throughout his career, he was always well aware of the key to his success. (reader) "the only secret i have got is damned hard work." (narrator) turner's life and career began in london. by 1788, at the age of 14, j.m.w. turner was apprenticed to an architect as a draftsman. architectural views appeared in his works throughout his life. the next year, turner entered the royal academy of arts school at somerset house. its president, the painter joshua reynolds, endorsed the prevailing view that ranked paintings in a clearly defined hierarchy. history painting was considered the noblest because it could portray events drawn from historical incidents, literature, the bible and mythology. genre painting, scenes from daily life, came next because they also offered exa
turner traveled throughout britain and europe. often on foot, carrying a paintbox, he sketched and painted lyrically beautiful landscapes that changed the face of british art. when he died in 1851, he was one of the wealthiest and most famous artists in britain's history. throughout his career, he was always well aware of the key to his success. (reader) "the only secret i have got is damned hard work." (narrator) turner's life and career began in london. by 1788, at the age of 14,...
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Dec 14, 2012
12/12
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CNBC
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europe seems to be fixed. it's fixed. even though they're in a bit of a recession, a lost generation in spain, are they really fixed? we'll ask mark grant the tough questions bottom of the hour. , we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> facebook experiencing its fourth lockup today. today 160 million shares hitting the market. our next guest is an author of the book "the facebook era" clara shih the president of a company that has enterprises with large store networks on facebook linked in and other social networks. welcome back and good to see you again. >> good to see you. thanks for having me. >> i wonder what your take is short
europe seems to be fixed. it's fixed. even though they're in a bit of a recession, a lost generation in spain, are they really fixed? we'll ask mark grant the tough questions bottom of the hour. , we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our...
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1.3K
Dec 10, 2012
12/12
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FBC
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europe, middle eastern africa, asia pacific last quarter of 109%. ashley: a lot of people use it, no doubt about it. charles: i'm just afraid to commit to any more social networking stuff. tracy: it is pretty serious for professional people. more so even than facebook. charles: when the stock rumors come out and i scratch my head and i marvel at the assumption somehow facebook will get it and linkedin has an amazing lead, round since 2002. maybe somebody would want to take them over. a global jobs company i would make a bid for these guys immediately because this is the future. i don't know that anybody will be able to top that. it won't be cheap. technically i like it, break out of 110. i grappled early this morning at that, we will stick with this, the fundamentals are just too good despite the wild ride. ashley: all right. thank you. as we do every 15 minutes, let's check the markets now. the dow drifting higher. nicole petallides on the floor of the nyse. nicole: let's take a look at a couple of key names. let's look first at apple. apple and na
europe, middle eastern africa, asia pacific last quarter of 109%. ashley: a lot of people use it, no doubt about it. charles: i'm just afraid to commit to any more social networking stuff. tracy: it is pretty serious for professional people. more so even than facebook. charles: when the stock rumors come out and i scratch my head and i marvel at the assumption somehow facebook will get it and linkedin has an amazing lead, round since 2002. maybe somebody would want to take them over. a global...
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Dec 9, 2012
12/12
by
FOXNEWSW
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they don't get that says our next guest on "wall street journal" reporter who reports on in europe and their work rules. from london, what do they get that we don't? >> european workers have the right to and protection of gainful unemployment. the minimum guaranteed staycation is 20 days paid not including weekend, additional time off , holidays. at france it starts at 25 per good european court of justice added on another to give a workers the right to to a vacation to over or give back. >> for instance it used the for two weeks for your christmas holiday and use brain drain gold and the last eight-- you are laid up that means they automatically go into your sickly youth then you could have the vacation do over to make up for those days that you weren't that sec or hurt. john: if you say i have they cold? they have to give you that back? >> if it is dead doctor's note to to say she got the sniffles so she will need another seven days of paid vacation. john: italy first. if you start a business and keep it small, up that 10 workers you have some flexibility but number 11 1/2 to have th
they don't get that says our next guest on "wall street journal" reporter who reports on in europe and their work rules. from london, what do they get that we don't? >> european workers have the right to and protection of gainful unemployment. the minimum guaranteed staycation is 20 days paid not including weekend, additional time off , holidays. at france it starts at 25 per good european court of justice added on another to give a workers the right to to a vacation to over or...
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116
Dec 16, 2012
12/12
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FBC
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eye 116
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they don't get that says our next guest on "wall street journal" reporter who reports on in europe and their work rules. from london, what do they get that we don't? >> european workers have the right to and protection of gainful unemployment. the minimum guaranteed staycation is 20 days paid not including weekend, additional time off , holidays. at france it starts at 25 per good european court of justice added on another to give a workers the right to to a vacation to over or give back. >> for instance it used the for two weeks for your christmas holiday and use brain drain gold and the last eight-- you are laid up that means they automatically go into your sickly youth then you could have the vacation do over to make up for those days that you weren't that sec or hurt. john: if you say i have they cold? they havto give you that back? >> if it is dead doctor's note to to say she got the sniffles so she will need another seven days of paid vacation. john: italy first. if you start a business and keep it small, up that 10 workers you have some flexibility but number 11 1/2 to have the
they don't get that says our next guest on "wall street journal" reporter who reports on in europe and their work rules. from london, what do they get that we don't? >> european workers have the right to and protection of gainful unemployment. the minimum guaranteed staycation is 20 days paid not including weekend, additional time off , holidays. at france it starts at 25 per good european court of justice added on another to give a workers the right to to a vacation to over or...
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111
Dec 5, 2012
12/12
by
CNNW
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start talking about the facts, the medieval warming period and roman warming period, those are just in europe. let's see if we can agree on a couple things. do you agree that when i was a kid or when you were a kid, there was 340 parts per million of carbon dioxide in the atmosphere? >> sure. it's rising. what's your point? >> so here's the point, is it's rising extraordinarily fast. that's the difference between the bad old days and now. >> carbon dioxide -- >> much faster than ever in history. >> let him finish, mark. let him finish. >> it's the rate that's of great concern more than the actual -- >> what do you put that rate down to, bill? >> it's human activity. you go back -- this is what i say all the time. you look at the ice and you find bubbles of trapped gas from 200 years ago, let alone 1,000 years ago. there's nobody running around with a hypodermic needle injecting bubbles of gas in ancient ice cores. that's the ancient atmosphere in there so you can determine the composition quite accurately. >> what are the biggest factors, the man-made factors creating the acceleration of co2
start talking about the facts, the medieval warming period and roman warming period, those are just in europe. let's see if we can agree on a couple things. do you agree that when i was a kid or when you were a kid, there was 340 parts per million of carbon dioxide in the atmosphere? >> sure. it's rising. what's your point? >> so here's the point, is it's rising extraordinarily fast. that's the difference between the bad old days and now. >> carbon dioxide -- >> much...
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199
Dec 18, 2012
12/12
by
CNBC
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eye 199
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samsung withdrawing its patents in europe. there's also news about a judge refusing to place injunctions on the samsung items. apple still in there in terms of the patents. >> reporting that they'll use four square data to help fix mats, which would be a big step forward. a bit on toyota. i don't know if we'll hear from phil lebeau later this morning, but a fine for allegedly failing to report safety defects in a timely manner required by law. not the first time this has happened. it's the fourth fine in the past two years. automaker does not admit or deny guilt. but there's a look at shares a little bit higher this morning. >> let's check with bob pisani on the floor with more. good morning, bob. >> hello, guys. happy tuesday. of course, we saw a little bit of the drop in futures when corker came out and said we're not close to a deal. by and large, we're still positive here today. that's because everybody knows that a deal of some kind is coming. the president's offer is getting closer to the gop offer. the republicans are m
samsung withdrawing its patents in europe. there's also news about a judge refusing to place injunctions on the samsung items. apple still in there in terms of the patents. >> reporting that they'll use four square data to help fix mats, which would be a big step forward. a bit on toyota. i don't know if we'll hear from phil lebeau later this morning, but a fine for allegedly failing to report safety defects in a timely manner required by law. not the first time this has happened. it's...
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233
Dec 17, 2012
12/12
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CNBC
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eye 233
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it's fascinating to look back towards europe. many hedge funds forsaking some of their short positions on the french fixed income market. and so their rates are moving a bit lower, as that buying comes in. but look at how the boon has such a different pattern. still a lot of anxieties in the european sector. there's going to be a lot of protests in spain, for example, today. foreign exchange, if we look at the dollar/yen, we look how quantitative easing is going to be a much more enhanced program in japan after the elections. you can clearly see how the dollar has performed quite admirably against that weakening of the currency issue on quantitative easing. remember, for an export economy, this is not something they're so upset about. last, but not least, even our weakened partner in europe, we just discussed, look how the euro versus the dollar is at some of the best levels we've seen since early may. something to pay attention to. we also had empire index on the weak side. and minus 56 billion on october treasury, international
it's fascinating to look back towards europe. many hedge funds forsaking some of their short positions on the french fixed income market. and so their rates are moving a bit lower, as that buying comes in. but look at how the boon has such a different pattern. still a lot of anxieties in the european sector. there's going to be a lot of protests in spain, for example, today. foreign exchange, if we look at the dollar/yen, we look how quantitative easing is going to be a much more enhanced...
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190
Dec 24, 2012
12/12
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CNBC
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eye 190
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he said he wants more europe, not less of it. he just doesn't believe in all the austerity policies that have been put in place. and he made fun of mario monti during the interview. said mario monti has done a great job, every single economic indicator is lower. unemployment is higher, the gdp is lower, et cetera. the only thing that hasn't been dramatically is the spread between the italians and the germans bonds, and he says who cares about that. >> all right. happy holidays. >> merry christmas. >> merry christmas. >> wearing green. >> coming up -- >> you are wearing green. >> 'tis the season for last-minute shopping. procrastinators rushing to the stores. we're going to ring up the retailers, which companies and which stocks have been naughty this year. which have been nice? >>> welcome back to "squawk box." this morning on this christmas eve special -- do we call it a special edition of "squawk box"? it's always special. let's get you to some of the morning headlines. it is a shortened trading day on wall street with stock ma
he said he wants more europe, not less of it. he just doesn't believe in all the austerity policies that have been put in place. and he made fun of mario monti during the interview. said mario monti has done a great job, every single economic indicator is lower. unemployment is higher, the gdp is lower, et cetera. the only thing that hasn't been dramatically is the spread between the italians and the germans bonds, and he says who cares about that. >> all right. happy holidays. >>...
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190
Dec 28, 2012
12/12
by
CNBC
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eye 190
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in europe, europe seems to be at the tail of being wagged by us. as i would say right now in europe right now. but not huge losses. and lawmakers have been preoccupied, says here, with the cliff, but they haven't done anything but they also haven't dealt with passing a new farm bill. "the washington post" reports that unless one is passed by january 1st, the formula that's used to establish minimum milk prices would revert to the one that was in place in 1949. the paper says that that could boost milk prices by more than $3 a gallon. you could be paying six bucks. >> a gaen? >> wow. >> and shippers are trying to avoid a strike at more than a dozen ports alone the east coast. 14,000 longshoremen are involved. they could walk off their jobs when their contract expires on december 30th. on sunday. the biggest sticking point is over royalties for containers which are based on the cargo weight, and they're paid to union workers. a strike could hurt exports, idle factories and would also affect retailers waiting for shipments of spring merchandise. >> ok
in europe, europe seems to be at the tail of being wagged by us. as i would say right now in europe right now. but not huge losses. and lawmakers have been preoccupied, says here, with the cliff, but they haven't done anything but they also haven't dealt with passing a new farm bill. "the washington post" reports that unless one is passed by january 1st, the formula that's used to establish minimum milk prices would revert to the one that was in place in 1949. the paper says that that...
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182
Dec 31, 2012
12/12
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CNBC
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eye 182
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that is quite expensive here in europe. i don't necessarily see europe as a whole changing its mind and going from nuclear. if you take germany, for example, why did they change their mind? obviously, there were safety concerns but probably more importantly, it was to do with the ballot box. there was quite a bit of opposition, people out on the streets protesting and in the end of the days, the politicians decided to take what i considered to be a political course rather than an economic one. >> i don't think we would describe it as positively rosy just yet. we're saying that the storm clouds are listing. but as you're hinting, there are big question marks about growth in 2013, particularly in the euro area where we're not expecting very much more than a flat economy at best. key thing for the investment markets, as you know, is that gdp growth is only a small part of the story. a lot depends on what is priced in to begin with, how the news flow compares with those expectations, underlying levels of valuations. we think th
that is quite expensive here in europe. i don't necessarily see europe as a whole changing its mind and going from nuclear. if you take germany, for example, why did they change their mind? obviously, there were safety concerns but probably more importantly, it was to do with the ballot box. there was quite a bit of opposition, people out on the streets protesting and in the end of the days, the politicians decided to take what i considered to be a political course rather than an economic one....
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Dec 27, 2012
12/12
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CNBC
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europe 20 through wh-- europe 2 what was our 2008. >> you think merkel gets re-elected? >> at this point. she seems to be doing okay. if merkel gets re-elected, she will be a major outlier. the general rule of thumb for almost all politician, you never survive a debt crisis. germany doesn't have a debt crisis, the rest of europe. she may survive compared to every other government. >> it will be fascinating to see if she wins how her policy changes with less political risk. >> once you don't have to battle the god of re-election, everything changes. >> as we have seen in this country. >>> a winter storm slamming the east coast and impacting the northeast, after the break. >>> the latest place banks are turning to in the hunt for yield. am [ male announcer ] don't have the hops for hoops with your buddies? lost your appetite for romance? and your mood is on its way down. you might not just be getting older. you might have a treatable condition called low testosterone or low t. millions of men, forty-five or older, may have low t. so talk to your doctor about low t. hey, mi
europe 20 through wh-- europe 2 what was our 2008. >> you think merkel gets re-elected? >> at this point. she seems to be doing okay. if merkel gets re-elected, she will be a major outlier. the general rule of thumb for almost all politician, you never survive a debt crisis. germany doesn't have a debt crisis, the rest of europe. she may survive compared to every other government. >> it will be fascinating to see if she wins how her policy changes with less political risk....
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51
Dec 28, 2012
12/12
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WBAL
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. >> think about how often have we been clobbered by the mess in europe. every time things start to look less horrible across the atlantic, every time we begin to wonder it maybe, just maybe, the worst is finally past, there's some hideous headline out of greece or portugal or spain or italy that the comes back with a vengeance and the s&p gets bashed down by a torrent of selling. that's why it's so important to prepare yourself and your stocks for the next catastrophe around the corner. expected or unexpected, so that you can make money in any market, or at least lose less and not just when things are going smoothly. you have to build this stuff into what i call your world view. you have to assume that somewhere, sometime, something will go wrong. i'm not saying you should be a super skeptic perma-bear, not at all. over the course of my 31-plus years in this business i've seen the averages climb way too way, watched the market make people way too much money to ever be that cynical and close-minded. being negative all the time has not historically been a l
. >> think about how often have we been clobbered by the mess in europe. every time things start to look less horrible across the atlantic, every time we begin to wonder it maybe, just maybe, the worst is finally past, there's some hideous headline out of greece or portugal or spain or italy that the comes back with a vengeance and the s&p gets bashed down by a torrent of selling. that's why it's so important to prepare yourself and your stocks for the next catastrophe around the...
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in him case the last home game they were defeated by europe's most thoughts and saying you know what gerri they saw the round they face the telly nose up total console game appreciates game of you write me up. the most courageous side have won europe sickens he told me last season the euro cup and their aim to qualify for the top sixteen of the top team standing in their way was a struggle i'm up a little come to without playmaker gerry smith who was instrumental in his sights thirteen points we know him key in italy in week three this time both teams quickly found it offensive rhythm but an alex to use dunk at the end of the first cool to gave come to a twenty four twenty. three g. spaceship if it's helped team key to a big second quarter run and shippers from said game on your invitation afraid zoom gave them a twenty point lead at. this just think it's any close it is seventeen points behind in the third as dimitri force the sank a three pointer and paul davies beat the buzzer to make it sixty two forty three come to food but because it's been just thanks and jonathan's have a loo
in him case the last home game they were defeated by europe's most thoughts and saying you know what gerri they saw the round they face the telly nose up total console game appreciates game of you write me up. the most courageous side have won europe sickens he told me last season the euro cup and their aim to qualify for the top sixteen of the top team standing in their way was a struggle i'm up a little come to without playmaker gerry smith who was instrumental in his sights thirteen points...
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91
Dec 15, 2012
12/12
by
FBC
tv
eye 91
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they don't get that says our next guest on "wall street journal" reporter who reports on in europe and their work rules. from london, what do they get that we don't? >> european workers have the right to and protection of gainful unemployment. the minimum guaranteed staycation is 20 days paid not including weekend, additional time off , holidays. at france it starts at 25 per good european court of justice added on another to give a workers the right to to a vacation to over or give back. >> for instance it used the for two weeks for your christmas holiday and use brain drain gold and the last eight-- you are laid up that means they automatically go into your sickly youth then you could have the vacation do over to make up for those days that you weren't that sec or hurt. john: if you say i have they cold? they have to give you that back? >> if it is dead doctor's note to to say she got the sniffles so she will need another seven days of paid vacation. john: italy first. if you start a business and keep it small, up that 10 workers you have some flexibility but number 11 1/2 to have th
they don't get that says our next guest on "wall street journal" reporter who reports on in europe and their work rules. from london, what do they get that we don't? >> european workers have the right to and protection of gainful unemployment. the minimum guaranteed staycation is 20 days paid not including weekend, additional time off , holidays. at france it starts at 25 per good european court of justice added on another to give a workers the right to to a vacation to over or...
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132
Dec 31, 2012
12/12
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CNNW
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eye 132
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europe's leaders, including the new french president, committed to save the euro. it lives on, but for how long? number two. >> the deadliest month to date as the assad regime intensified its use of air power. >> one of the questions most asked in 2012 was how much longer can this man hold on to power, bashar a al-assad was under ever-more intense pressure to step down, but his regime stepped up the fire power against the opposition. civilians caught in the crossfire, more than 40,000 people have died so far. >> this is yet another bread line. >> the opposition fights on, making more dramatic gains than ever and gaining pledges of additional support from the international community. number one. she fought back from the brink of death after being attacked on a school bus. the taliban shot malala yousafzai in the head because she was an outspoken advocate for the education of girls in pakistan, but books won over bullets. the 15 year old miraculously survived. malala woke up in a british hospital, and according to her father, immediately asked for her school books. t
europe's leaders, including the new french president, committed to save the euro. it lives on, but for how long? number two. >> the deadliest month to date as the assad regime intensified its use of air power. >> one of the questions most asked in 2012 was how much longer can this man hold on to power, bashar a al-assad was under ever-more intense pressure to step down, but his regime stepped up the fire power against the opposition. civilians caught in the crossfire, more than...
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the most coverage and so i have won europe's second tier told about last season the euro cup and now being to qualify for the top six. thing of that salty standing in their way was a struggle a muppet a con two without play maker jerry smith who was instrumental in his side's thirteen points we know him key in italy in week three days' time both teams quickly found it offensive rhythm but an alex to use dunk at the end of the first cool to get khan to a twenty four twenty three the. great genes change it if it's helped team key to a big second quarter run and shippers from said game on your invitation afraid xoom gave them a twenty point lead at full time. visitors doing gets any closer than seventeen points behind in the third as dimitri false the sank a three pointer and paul davies beat the buzzer to make it sixty two forty three kuntu third back with baskets from jeff thanks and jonathan to have but the home side of a comfortable seventy seven points to fifty three victory it's a great feeling only we were looking at those game since last week since madrid last renewed a win were
the most coverage and so i have won europe's second tier told about last season the euro cup and now being to qualify for the top six. thing of that salty standing in their way was a struggle a muppet a con two without play maker jerry smith who was instrumental in his side's thirteen points we know him key in italy in week three days' time both teams quickly found it offensive rhythm but an alex to use dunk at the end of the first cool to get khan to a twenty four twenty three the. great genes...
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80
Dec 10, 2012
12/12
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FOXNEWS
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eye 80
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they don't get that says our next guest on "wall street journal" reporter who reports on in europe and their work rules. from london, what do they get that we don't? >> european workers have the right to and protection of gainful unemployment. the minimum guaranteed staycation is 20 days paid not including weekend, additional time off , holidays. at france it starts at 25 per good european court of justice added on another to give a workers the right to to a vacation to over or give back. >> for instance it used the for two weeks for your christmas holiday and use brain drain gold and the last eight-- you are laid up that means they automatically go into your sickly youth then you could have the vacation do over to make up for those days that you weren't that sec or hurt. john: if you say i have they cold? they have to give you that back? >> if it is dead doctor's note to to say she got the sniffles so she will need another seven days of paid vacation. john: italy first. if you start a business and keep it small, up that 10 workers you have some flexibility but number 11 1/2 to have th
they don't get that says our next guest on "wall street journal" reporter who reports on in europe and their work rules. from london, what do they get that we don't? >> european workers have the right to and protection of gainful unemployment. the minimum guaranteed staycation is 20 days paid not including weekend, additional time off , holidays. at france it starts at 25 per good european court of justice added on another to give a workers the right to to a vacation to over or...
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now europe. you know, there was a little bit of a -- a confusion this morning when spain asked for a bailout. they're talking bank bailout, country bailout, new program. rates are down. i've seen many stories, if this is really going to be a positive rates being down, we have to really draw in more global investors. do you think that will happen ultimately? >> ultimately, i do think it will. any time europe gets pushed to the background, i'm kind of pleased. as long as their banking system isn't going to affect ours, i think we can still grow internally with some of the other partners out there. china looks like it's coming back. so yeah, maybe that will help. >> in china, you bring up one final good point as we wrap this up. china, many believe that it's reaching its soft bottom. i don't dispute that. i know if we look at shanghai composit composite, it doesn't necessarily reflect that. in the end, sideways movement at these gdp levels is still a headwind considering the growth china had four ye
now europe. you know, there was a little bit of a -- a confusion this morning when spain asked for a bailout. they're talking bank bailout, country bailout, new program. rates are down. i've seen many stories, if this is really going to be a positive rates being down, we have to really draw in more global investors. do you think that will happen ultimately? >> ultimately, i do think it will. any time europe gets pushed to the background, i'm kind of pleased. as long as their banking...
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the most courageous sort of one europe second tier told about last season the euro cup and their aim to put a four for the top six. enough that salty standing in a way was a struggle i'm up a little come to without play make a jerry smith who was instrumental in his side's thirteen points when over him keith in italy in week three this time both teams quickly found it offensive rhythm but an alex to use dunk at the end of the first cool to gave come to a twenty four twenty three. for a huge change if it's helped team key to a big second quarter run and shippers from sergei morning in vitale freed zoom gave them a twenty point lead at full time. this just think it's any close it is seventeen points behind in the third as dimitri forced the sank a three pointer and paul davies beat the buzzer to make it sixty to forty three countries but because kids can just thinks and jonathan's have a look at the home side of a comfortable seventy seven puts to fifty three victory so great for you know we were looking at this game since last week since madrid laws were moved away and we're. going to
the most courageous sort of one europe second tier told about last season the euro cup and their aim to put a four for the top six. enough that salty standing in a way was a struggle i'm up a little come to without play make a jerry smith who was instrumental in his side's thirteen points when over him keith in italy in week three this time both teams quickly found it offensive rhythm but an alex to use dunk at the end of the first cool to gave come to a twenty four twenty three. for a huge...
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europe less bad. it's going to be an okay economic -- >> you get everything you want, fiscal cliffwise and we actually start tackling some of these long-term issues, you know diffident taxes are heading up. what -- is the market spring loaded so that if we get what we want it will be a really solid advance that we get? >> solid, look, joe, and in a muddle through economy solid is only a mid teen number. we're not going to get 30% gain. >> put the two years together we could have 30, if we get some of the things -- >> we had three straight years at 30. >> that was a different world. earnings were higher. they're flagging a bit now. >> if everybody gets what they want with this, even the corporations aren't suddenly unleashed, either, with all their corporate -- >> it's going to be slow. the linger of the debt wind-down and the residual issues. that takes years to unravel. >> we have not talked individual stocks. when you see what's happened with apple, what do you think? >> apple starting to have more
europe less bad. it's going to be an okay economic -- >> you get everything you want, fiscal cliffwise and we actually start tackling some of these long-term issues, you know diffident taxes are heading up. what -- is the market spring loaded so that if we get what we want it will be a really solid advance that we get? >> solid, look, joe, and in a muddle through economy solid is only a mid teen number. we're not going to get 30% gain. >> put the two years together we could...